Qatar and Estonia sign agreement to avoid double taxation
Doha, Qatar--Qatar and Estonia have signed an agreement to avoid double taxation and prevent income tax evasion.The agreement was signed...Economy
Dubai Chambers, DP World partner to lure global investment to the emirate
Dubai, UAE--Dubai Chambers has signed a memorandum of understanding (MoU) with DP World to enable the chambers to leverage DP...Economy
Rothschild family to take investment bank private
The Rothschild family is set to take its investment bank private as its holding company announced plans to buy out...The offer would be priced at 48 euros per share, or 19 percent higher than Friday's closing price, the holding said in a statement.
It is also 15 percent up from the all-time high reached in January 2022.
Newmont offers to buy Newcrest
If the deal is sealed, it would be gold sector's largest acquisition.Newmont's offer calls for the merged firm to be 70 percent owned by the Denver, Colorado-based company and 30 percent owned by the Australian firm.
Newcrest's share price rose 9.27 percent to $16.90 (A$24.53) on the ASX on Monday.
Environment Agency – Abu Dhabi issues marine water quality policy
ABU DHABI, Â UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality...The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters and limit practices that can cause marine pollution.
The policy aims to develop relevant legislative and regulatory frameworks and halt discharges that may have adverse impacts on the marine environment
DEWA cleans beach, plants mangrove as  part of 26th National Environment Day
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) participated in a campaign to clean the beach and plant mangroves...DEWA organized virtual environmental lectures in Arabic and English, in cooperation with Dubai Municipality.
More than 250 DEWA employees and their families participated in the event.
Markets take a hit as US jobs fan rate worries
optimism was dealt a heavy blow Friday by data showing more than half a million new jobs were created in...The rally enjoyed through January has ended this month as investors contemplate a period of high borrowing costs aimed at bringing inflation down from multi-decade highs
A softer tone from the Fed regarding its monetary tightening campaign had allowed market participants to entertain the possibility of a pause, or even a cut, later in the year
Average occupancy in Dubai hotels 73% in 2022, highest in world
The high occupancy was achieved despite a 16 per cent increase in room supply in 2022 compared to 2019.The high occupancy was achieved despite a 16 per cent increase in room supply in 2022 compared to 2019.
Dubai’s hotel inventory at the end of December 2022 comprised of 146,496 rooms at 804 hotel establishments.
Dubai’s position as international events destination reinforced in 2022
The city also hosted the Skift Global Forum East, the first-ever international extension of the world’s flagship travel conference, the...The city also hosted the Skift Global Forum East, the first-ever international extension of the world’s flagship travel conference, the Skift Global Forum
Expo 2020 hosted global business and leisure events across 2022 including Gulfood, the World Government Summit, Binance Blockchain Week, Gitex Global Dubai
Dubai receives 14.36mn international visitors in 2022
The latest data from the United Nations World Tourism Organisation (UNWTO) shows that global tourist travel in 2022 was 37...The latest data from the United Nations World Tourism Organisation shows that global tourist travel in 2022 was 37% lower than 2019
The Middle East saw the strongest relative increase, with arrivals climbing to 83 percent of pre-pandemic numbers.
Middle East talent hunt pits UAE against Saudi Arabia
The two biggest economies of the region are leaving no stone unturned to hire the most talented professionals in order...Corporate groups are enticing chief executives from corporations in the West with an array of choices, including large joining bonuses and buying out extended notice periods
Recruiters hiring for Saudi Arabia have a harder time though to convince professionals to relocate to the kingdom than do headhunters recruiting for the UAE
Preserving natural resources crucial for future generations, reiterates key UAE official
The UAE has a long and established history in the field of sustainability, which began with the initiatives launched by...Protecting and preserving natural resources for future generations is very important and the UAE is committed to achieve sustainability, says an official
The UAE has a long and established history in the field of sustainability, which began with the initiatives launched by the late Sheikh Zayed Al Nahyan, he adds
